On behalf of the Company, the Board of Directors of Ta Win wishes to announce that Ta Win Innotech Sdn Bhd, a wholly-owned subsidiary of Ta Win (“TW Innotech” or “Purchaser”) had on 8 November 2021 entered into a conditional sale and purchase agreement with BRB Properties Sdn Bhd (“BRB Properties” or “Vendor”) for the acquisition by TW Innotech of a piece of leasehold industrial land held under Hakmilik Sementara (Daftar) 144388, PT 136844, Mukim Klang, Daerah Klang, Negeri Selangor together with a single storey detached warehouse erected thereon from BRB Properties for a total cash consideration of RM35.0 million (“Proposed Acquisition”).

Please refer to the attachment for further details on the Proposed Acquisition.

This announcement is dated 8 November 2021.